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EnviroTech :: Biotech
DSM in Discussions to Acquire Cargill's Cultures and Enzymes Business
8:12 AM MDT | September 20, 2012 | Deepti Ramesh
DSM says that it is in exclusive discussions with Cargill to acquire Cargill's cultures and enzymes business. The cultures and enzymes business of Cargill is a global-leading manufacturer of cultures and enzymes for the dairy and meat industries with manufacturing operations Wisconsin and France, DSM says. It has a strong pipeline of new products, generates annual sales of about €45 million ($58 million), and employs about 200 people, DSM says. The global market for cultures and enzymes is valued at over €1 billion, and is growing steadily at more...
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